Established in 2004, the mission of the Ultimate Hall of Fame is to honor exceptional ultimate players and contributors who are worthy of recognition. The Ultimate Hall of Fame celebrates the history, honors excellence, promotes growth and preserves the legacy of ultimate and Spirit of the Game. Our vision is to celebrate and memorialize excellence in the sport of ultimate.

Although the Ultimate Hall of Fame remains a "virtual" hall for the time being, the long-range goal is to establish a permanent site. In the meantime, the inductees are currently honored with a plaque at the USA Ultimate headquarters in Colorado Springs, Colo. The formal induction ceremony and celebration, which is held every five years in conjunction with the ultimate players' alumni reunion, was last held in 2018 alongside the USA Ultimate National Championships in San Diego, Calif. The next formal induction ceremony will be held in 2023 at the National Championships (location TBD) and will be the 55th anniversary of the founding of the sport.

To be inducted into the Ultimate Hall of Fame, potential candidates must complete these steps. The first stage involves "peer voting," where nominees/candidates are reviewed and ranked by a group of players and contributors from their own playing era. The second stage involves winnowing the field down to a slate of candidates through a review of the peer voting results and of written applications solicited by the Ultimate Hall of Fame Vetting Committee, with up to eight candidates from each player division selected. The final slate of candidates is announced to the ultimate community with a public request for comment in the Call to the Community. The final stage involves two rounds of voting for up to eight inductees by the full voting committee, comprised of eligible Player and Contributor members of the Ultimate Hall of Fame and the Vetting Committee. An inductee must receive an affirmative vote of at least two-thirds majority (66%) from the voters to be selected and thereafter be inducted into the Ultimate Hall of Fame.